A durable democracy, which would sustain a functioning market economy, requires institutional restrictions on the ability of democratically elected officials to set policies. More »
As Europe’s migration crisis continues to unfold, there is a need to unpack larger questions surrounding migration policy, European values, and capacity to manage the current flow of both refugees and migrants seeking asylum in the continent. More »
Legislative oversight is more significant to economic and political stability than electoral accountability. More »
Stock price data for a set of Chinese firms highlight the effects of information asymmetry created by differences in social trust between local and foreign investors. More »
Considering Peruvian aggregate figures, we can see high GDP growth rates and exports, as well as significant poverty reduction during the last 15 years. However, regions such as Huancavelica, Ayacucho, and Cajamarca, to mention a few, are not performing well a... More »
A new study suggests Myanmar’s domestic policy goals, not international condemnation, drive adherence to international financial regulations. More »
Economist Sergei Guriev and political scientist Daniel Treisman utilize informational theory to articulate the way in which modern dictators survive in an age of mass information and globalization. More »
Although earlier hukou reforms benefited rural residents by allowing them to seek employment and business opportunities in the city, recent hukou reforms have served as a wheel of agrarian capitalism, the purpose of which is to lure or force rural residents to... More »
CPR sits down with Dr. Mordechai Kedar, an Israeli academic and veteran of IDF intelligence, to discuss the causes of conflict in the Middle East and what might resolve them. More »
Wanxiang America President Pin Ni shares his insights as a businessman and practitioner on the US-China relationship. More »
Tobacco farmers in Malawi were offered a direct-deposit savings account, which yielded significant positive impacts on their financial behavior and increases in their agricultural outputs. These results suggest a potential driver for economic growth and povert... More »
Chinese local government’s revenue dependence on land granting is no longer sustainable due to exhausted land resources, distorted profit distribution, and rampant sprawl development. Property tax might solve the problem. More »